| Table 32: Exchange Rate Movements of Selected Currencies vis-à-vis the | |||||||||
| Euro (Period Average) | |||||||||
| Appreciation/(Depreciation) | |||||||||
| January 1999 | August 2000 | of Selected Currencies | |||||||
| [1] | [2] | between [1] & [2] | |||||||
| (Per cent) | |||||||||
| Hong Kong dollar | 8.9689 | 7.0649 | 27.0 | ||||||
| Indonesian rupiah | 9961.02 | 7621.64 | 30.7 | ||||||
| Korean won | 1358.76 | 1009.31 | 34.6 | ||||||
| Mauritian rupee | 28.987 | 23.933 | 21.1 | ||||||
| Philippines peso | 44.395 | 40.661 | 9.2 | ||||||
| Singapore dollar | 1.9453 | 1.5581 | 24.9 | ||||||
| South African rand | 6.9690 | 6.2958 | 10.7 | ||||||
| Taiwan dollar | 37.333 | 28.158 | 32.6 | ||||||
| Thailand baht | 42.3655 | 36.9850 | 14.5 | ||||||
| Note: The daily average exchange rate of the rupee against the euro is based on the average selling rates of all commercial banks | |||||||||
| while the daily exchange rates of the other selected currencies against the euro are derived from Reuters. | |||||||||